£164,997
This estimated value is based upon the latest sale price for the house of £69,950 on 20 Jun 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,950 | 20 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in June 2003 the House Price Index for DURHAM was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £69,950 results in an estimated price of approximately £164,997.
| 20 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £69,950 | £95,047 | £164,997 |
The Postcode Pricing Model uses changes in average sales price within the DL4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 12.193 % | £8,528 | £78,478 |
| 3 Month Average | 36.447 % | £25,494 | £95,444 |
| 6 Month Average | 71.746 % | £50,186 | £120,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £47,609 | £47,000 | 14 ALBION AVENUE |
| 14 Aug 2023 | £110,971 | £110,000 | 35 HIGHLAND GARDENS |
| 31 Mar 2023 | £83,788 | £82,999 | 19 ALBION AVENUE |
| 24 Feb 2023 | £64,956 | £65,000 | 10 THORNHILL GARDENS |
| 3 Feb 2023 | £49,966 | £50,000 | 8 ALBION AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 25 Jul 2013. Using an estimated price of £164,998 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on THORNHILL GARDENS is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Thornhill Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Thornhill Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Thornhill Gardens | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Thornhill Gardens |
| Jan 2024 | Anti-social behaviour | On or near Thornhill Gardens |